Pi - Bitcoin

Pi and Bitcoin serve different purposes. Bitcoin is a decentralized digital currency used for peer-to-peer transactions and store of value. Pi, on the other hand, aims to be a user-friendly cryptocurrency that can be mined on mobile devices. Whether Pi will be as successful as Bitcoin depends on its adoption, technology, and community support, which are uncertain at this point.

The main differences between Pi and Bitcoin include their purpose, technology, and consensus mechanisms. Bitcoin is a decentralized digital currency used for peer-to-peer transactions and is mined through proof-of-work. Pi, on the other hand, aims to be a user-friendly cryptocurrency that can be mined on mobile devices using a consensus mechanism called Stellar Consensus Protocol (SCP). Additionally, Pi is still in its early stages, and its success will depend on factors like adoption and community support.

Last update was in January 2022, Pi Network was in the development phase with a testnet version available. The launch date for the mainnet was not specified at that time. Mainnet migration has startes for wallets fulfilling specified criteria.